REGO Restaurant Group, the owner of the Quiznos and Taco Del Mar restaurant brands, has entered a development agreement with CF Lifestyles Investments owners Dominik and Monica Mendoza to build restaurants across Denver, Colorado, US.
The CF Lifestyles Investments owners have also acquired six Quiznos restaurants in Denver, making them the largest franchisees for the brand in the region.
Dominik Mendoza said: “This is a great opportunity to leverage Quiznos’ enduring customer base and high customer affinity for future high growth potential. I’m thrilled to be part of both brands’ active expansion and am excited to deepen our partnership with REGO.”
For the past two years, the Mendozas have been associated with the brand as a franchise owner of Quiznos in Hobbs, New Mexico.
A separate multi-unit agreement includes restaurants in Hobbs that are expected to open later this year.
REGO Restaurant Group said that the agreement with CF Lifestyles Investments is part of their growth plans through multi-unit partnerships and area development programmes.
It further noted that the agreement sparks growth momentum and brand expansion throughout the west for Quiznos and Taco Del Mar.
The group added that both its restaurant brands have recorded an increase in systemwide sales and are now focusing on expanding the brand footprint across potential markets.
REGO Restaurant Group president and CEO Tim Casey said: “We couldn’t be happier to expand our partnership with Dominik and his team under this new agreement which is an important growth milestone.
“After working closely together over the past few years, it’s clear that this is a strong, mutually-beneficial relationship built on trust, respect and the exciting opportunity to grow.”